Small Cap FMCG Stock Zooms Over 10% Today, Rallies 60% In 6-Months

Mid cap FMCG sector stock, Bajaj Consumer Care Ltd shares witnessed a sharp rally of 10.51% intraday on BSE. Current market price of Bajaj Consumer Care stock on BSE is Rs 249.20 per share. Bajaj Consumer Care shares offered return of 60% in last 6-months and again 60% in last 1-year. Earlier this year in its June quarter earnings commentary, the company stated that the hair oil market saw growth in both volume and value terms for the first time after nearly 8 quarters.

Bajaj Consumer Stock Performance: Current market price of Bajaj Consumer stock is Rs 249.20 share with intraday gain of 10.53%. Its 52-week high price is Rs 262.75 per share and 52-week low price is Rs 150.20 per share, respectively. The company's market capitalisation is Rs 3677.44 crore.

Bajaj Consumer shares witnessed a surge of 10.88% in last 2-weeks, gained 20% in last 3-months, soared 61% in last 1-year and offered return of 33% in last 3-years. In last 5-years, Bajaj Consumer stock fell over 30%.

Bajaj Consumer Recent Financial Performance: The company for the quarter ended June 30, 2023 declared a surge of 36.37% in its consolidated net profit to Rs 46.22 crore. It announced a net profit of Rs 33.89 crore in the corresponding quarter last fiscal, as per the BSE filing. The company's consolidated revenue from operations for the similar quarter declared at Rs 265.68 crore against Rs 246.51 crore in the year-ago period.

Bajaj Consumer About: It offers a wide range of hair, beauty, and personal care products. Part of the storied Bajaj Group, Bajaj Consumer Care owns the iconic Bajaj Almond Drops Hair Oil and Nomarks, according to its official website.

Disclaimer

The stock just highlights the rally in share and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.